Multi-disciplinary firm experienced in municipal bonding procedures, bond law, appearing before the Local Finance Board, arbitrage, and municipal budgeting. The Financial Advisor shall have a minimum of five (5) years’ experience in debt issuance in the State of New Jersey. The firm or its principals shall have demonstrated that it has participated in a minimum of 25 debt issuance engagements as financial advisor for local governments in New Jersey through listing the name of the local government, type of debt and amount. The applicant shall provide evidence through the use of resumes, narratives and other documentation that it can perform the hereafter described scope of services. The applicant shall also provide at least five (5) professional references attesting to its performance relating to the issuance of debt. The applicant shall also provide a schedule describing hourly rates and fee methodology to be used in pricing various bond issues. Scope: The Township of Evesham is seeking a financial advisor to provide professional services related to the issuance of debt. Financial advisor shall provide the following scope of services: 1. Analyze Township’s capital financing needs and recommend most cost-effective method of debt issuance. 2. Review outstanding bond issues for refunding opportunities to allow the Township to realize cost savings in debt service costs. 3. Coordinate bond ratings for Township debt issuances. 4. Recommend financing structure which includes repayment term, structure and redemption provisions. 5. Advise on state and federal regulations regarding the issuance of tax exempt or other forms of debt. 6. Provide projected and final debt service payment schedules, savings calculations and arbitrage yield calculations arising from Township debt issuance. 7. Coordinate applications to the local finance board and attend meetings. 8. Assist in the preparation of the preliminary and final official statement in connection with the sale of debt. 9. Coordinate sale of debt through the use of online or other means of pricing as appropriate. 10. Assist in preparing presentations to the governing body in matters regarding debt service. 11. Advise in regard to the most appropriate and advantageous method of sale (competitive, negotiated, private placement) 12. Serve as dissemination agent and provide any additional consulting services for the Township to comply with continuing disclosure requirements pursuant to U.S. Security and Exchange Commission regulations and all other state and federal rules for debt issuance. Duties shall include reviewing financial operating information prepared by the auditor for compliance with the Township’s continuing disclosure reporting requirements, making required submittals and all other necessary coordination. 13. Provide all other services as may reasonably be expected from a financial advisor to municipal governments
